Travel Leisure Projects Q2 Adjusted EBITDA Of $235M-$245M With Gross VOI Sales Of $580M-$610M
Portfolio Pulse from Benzinga Newsdesk
Travel + Leisure Co. projects its Q2 adjusted EBITDA to be between $235M-$245M, with gross VOI sales anticipated to be $580M-$610M. Additionally, the company forecasts its Travel and Membership Adjusted EBITDA to be in the range of $60M-$65M.
April 24, 2024 | 10:26 am
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Travel + Leisure Co. expects a strong Q2 with adjusted EBITDA of $235M-$245M and gross VOI sales of $580M-$610M. Travel and Membership Adjusted EBITDA is also projected to be robust at $60M-$65M.
The projected increase in adjusted EBITDA and gross VOI sales indicates a positive outlook for Travel + Leisure Co.'s financial performance in Q2. This positive forecast is likely to instill investor confidence, potentially leading to a short-term uptick in TNL's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100